FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo
(Reuters) - Exxon Mobil Corp’s (XOM.N) third-quarter profit nearly halved, mainly hit by lower oil prices and weakness in its chemicals business.
The largest U.S. oil producer's earnings fell to $3.17 billion, or 75 cents per share, in the quarter, from $6.24 billion, or $1.46 per share, a year earlier.(bit.ly/2WxMI0q)
Exxon’s oil equivalent production rose about 3% to 3.89 million barrels per day.
Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty
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https://www.reuters.com/article/us-exxon-mobil-results/exxon-mobil-profit-halves-on-weak-oil-prices-chemicals-business-idUSKBN1XB41L
2019-11-01 11:42:00Z
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